| Product Code: ETC5164444 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s automotive crankshaft import shipments in 2024 saw a shift in concentration, with top exporters including Sweden, South Africa, Germany, Lithuania, and China. The market experienced a decrease in growth rate from 2023 to 2024, with a CAGR of 1.79% over the period from 2020 to 2024. The Herfindahl-Hirschman Index (HHI) reflected high concentration in 2023 but decreased to low concentration in 2024, indicating a more diverse import market. This suggests evolving dynamics in the automotive crankshaft import sector in Latvia, with potential opportunities for market players to explore.

In the Europe region, the Automotive Crankshaft market in Latvia is projected to expand at a stable growth rate of 0.43% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Automotive Crankshaft Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Crankshaft Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Crankshaft Market - Industry Life Cycle |
3.4 Latvia Automotive Crankshaft Market - Porter's Five Forces |
3.5 Latvia Automotive Crankshaft Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Automotive Crankshaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Automotive Crankshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Automotive Crankshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-performance crankshafts in the automotive industry |
4.2.2 Increasing focus on fuel efficiency and emission reduction in vehicles |
4.2.3 Technological advancements leading to the development of innovative crankshaft designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting manufacturing costs |
4.3.2 Intense competition from global crankshaft manufacturers |
4.3.3 Impact of economic conditions on automotive industry affecting overall demand for crankshafts |
5 Latvia Automotive Crankshaft Market Trends |
6 Latvia Automotive Crankshaft Market Segmentations |
6.1 Latvia Automotive Crankshaft Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Crankshaft Market Revenues & Volume, By Forged steel, 2021-2031F |
6.1.3 Latvia Automotive Crankshaft Market Revenues & Volume, By Cast iron/steel, 2021-2031F |
6.1.4 Latvia Automotive Crankshaft Market Revenues & Volume, By Machined billet, 2021-2031F |
6.2 Latvia Automotive Crankshaft Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Crankshaft Market Revenues & Volume, By Flat Plane, 2021-2031F |
6.2.3 Latvia Automotive Crankshaft Market Revenues & Volume, By Cross Plane, 2021-2031F |
6.3 Latvia Automotive Crankshaft Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Crankshaft Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 Latvia Automotive Crankshaft Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
7 Latvia Automotive Crankshaft Market Import-Export Trade Statistics |
7.1 Latvia Automotive Crankshaft Market Export to Major Countries |
7.2 Latvia Automotive Crankshaft Market Imports from Major Countries |
8 Latvia Automotive Crankshaft Market Key Performance Indicators |
8.1 Adoption rate of new lightweight crankshaft materials in the automotive industry |
8.2 Number of patents filed for innovative crankshaft designs |
8.3 Percentage of automotive manufacturers in Latvia using fuel-efficient crankshafts |
9 Latvia Automotive Crankshaft Market - Opportunity Assessment |
9.1 Latvia Automotive Crankshaft Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Automotive Crankshaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Automotive Crankshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Automotive Crankshaft Market - Competitive Landscape |
10.1 Latvia Automotive Crankshaft Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Crankshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |